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Advantage Title Closes $13.5M Refinance Deal.(Advantage Title )(Brief Article)

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| July 01, 2005 | COPYRIGHT 2005 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Huntington, NY -- Advantage Title said that it has issued a lender's title insurance policy for $13.5 million in connection with the blanket refinancing of four shopping centers located in Nassau and Suffolk Counties in New York.

The four properties combined represent 180,000 square feet of retail space. Tenants include Staples, CompUSA, Burlington Coat Factory and Party City.

The new blanket mortgage, issued by General Electric Capital Corp., replaced previous financing by the Dime Savings Bank.

"With increasing due diligence ...

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